Quote from @Kirk Roberts: @Bruce LynnI'm in NH Carroll County.Check out https://nhtaxdeedauctions.com/upcoming_auctions/https://www.carrollcountysheriff.org/information/real-estate...Looks like you can actually see sales prices, so that's a bonus in your area.

Once we are done w rehab, brokers do get back the listing from us at full 3% listing commission or get bonuses when we decide to hold.

I am not talking about bonus depreciation here. 

Quote from @Michael Moreno:I am a 23-year-old beginner real estate investor, Bonus advice: don't try to look like you're a 53-year-old lawyer, wearing white shirts, suits and ties everywhere  ;) 

My husband and I started by saving up our money and purchasing a single family house with 5 bedrooms and a bonus room.

We have used work bonus payments, tax returns, and inheritances to get down-payments.

They are buying flips, ADU bonus program, extensive value adds (near development efforts) mostly purchased off market. 

Hey Correy, I have not worked on a project using that ADU bonus but I know someone who is building one, I'd be happy to put you in touch with them.  

The good news is that you will qualify for 100% Bonus Depreciation.

Without a full summary of the STR tax loophole for high W-2 wage earners, here is a link to the best explanation and summary I've come across and helped me digest the value of the benefit: HERE In short, the bonus depreciation rate was 100% in 2022, 80% in 2023 and is planned to be phased out to 60% this year.